AquaVenture (WAAS) Receiving Somewhat Favorable News Coverage, Report Finds
Headlines about AquaVenture (NYSE:WAAS) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. AquaVenture earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.7945021748118 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of brokerages recently issued reports on WAAS. TheStreet upgraded AquaVenture from a “d” rating to a “c-” rating in a report on Monday, August 20th. Lake Street Capital began coverage on AquaVenture in a report on Friday, August 17th. They issued a “buy” rating and a $29.00 target price on the stock. JMP Securities lifted their target price on AquaVenture from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, August 9th. Zacks Investment Research upgraded AquaVenture from a “sell” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Saturday, July 7th. Finally, ValuEngine upgraded AquaVenture from a “hold” rating to a “buy” rating in a report on Thursday, July 5th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $22.14.
Shares of WAAS stock traded down $0.01 on Friday, reaching $18.11. 100 shares of the company’s stock traded hands, compared to its average volume of 75,754. AquaVenture has a 12-month low of $10.87 and a 12-month high of $18.72. The company has a current ratio of 6.17, a quick ratio of 5.74 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $479.25 million, a price-to-earnings ratio of -18.48 and a beta of 1.00.
AquaVenture Holdings Limited provides water-as-a-service solutions in North America, the Caribbean, and South America. The company operates in two segments, Seven Seas Water and Quench. It offers desalination and wastewater treatment solutions for governmental, municipal, industrial, and hospitality customers; and point-of-use filtered water systems and related services to approximately 40,000 institutional and commercial customers.
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